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Zhong Yi made his words more straightforward: "There are actually only two people in the country who know something about finance and have some background. However, the person named Kong has been dead for many days, and the person named Song has just gone to the United States, so no one in the country can stop him. We are.¡±
What Zhong Yi said is that if one of Kong Xiangxi and Song Ziwen was still in the country, it would be difficult for them to operate corporate bonds, but now there is no obstacle.
Yu Feipeng was still a little worried, and frowned: "Zi Ren, and Lao Xiao, are they really all right?"
"What's the problem?" Zhong Yi said with a smile, "Lao Xiao just said that the rise and fall of stocks is market behavior. If you lose money in stocks, you can find someone to compensate you. Isn't that a rogue?"
¡°That¡¯s okay!¡± Yu Feipeng slapped his thigh and said in a deep voice, ¡°Then do it!¡±
After a pause, Yu Feipeng asked again: "But, how many bonds should be issued?"
Zhong Yi did not answer and asked instead: "Uncle Yu, how much do you think there is idle money accumulated in Chongqing?"
"I can't say for sure." Yu Feipeng shook his head and continued, "However, the number of celebrities and government officials from all walks of life who fled to Chongqing from all over the country must be more than half a million, even if more than half of them are women and children. There are at least more than 200,000 wealthy families, and the total assets of all families combined must be 2 billion.
"Lao Yu's judgment is basically reliable." Xiao Tongzi nodded and said, "Even though the exchange rate of legal currency has been decoupled from the U.S. dollar and pound, ten yuan of legal currency can still be exchanged for one U.S. dollar. In other words, the exchange rate settled in Chongqing¡¯s total wealth is US$200 million, and if this money is not used, it will be a waste.¡±
Zhong Yi also nodded slightly, basically agreeing with Yu Feipeng's judgment.
During the Republic of China, the gap between the rich and the poor was astonishingly wide.
The vast majority of ordinary people do not have enough to eat, but the salaries of government officials and celebrities in the literary and artistic circles are astonishingly high.
To give a familiar example, Mr. Lu Xun¡¯s salary at that time, converted into today¡¯s RMB, was nearly 200,000 yuan! And this is a monthly salary!
¡°This is just the salary in the literary and artistic circles, the salary in the industrial and commercial circles is even more astonishing.
I won¡¯t go into details about top families like the Kong family and the Song family. Even a third-rate family like the Zhang family. Of course, I¡¯m talking about the Zhang family before investing in Yinjiang, and its assets are as high as millions of yuan. So huge.
Therefore, Yu Feipeng estimates that the idle funds accumulated in Chongqing are 2 billion, which is actually relatively conservative.
And most of this money is in the form of US dollars, pounds, gold or silver dollars, lying in the accounts of major banks, or simply buried underground, without participating in circulation.
To put it bluntly, these are dead money.
What Zhong Yi has to do now is to put this dead money back into circulation in the form of investment in infrastructure.
Of course, while investing in infrastructure and revitalizing the economy, Zhong Yi doesn¡¯t mind cracking down on those bloodthirsty capitalists who disregard national interests.
Zhong Yi said: "Uncle Yu, let's issue 20 million bonds first."
"Issuance of 20 million yuan?" Yu Feipeng calculated silently, nodded and said, "Although it is a little less, we can still do a lot of things, so let's give it 20 million yuan."
Zhong Yi smiled slightly and said, "Uncle Yu, I'm talking about U.S. dollars."
"Ah, you're talking about U.S. dollars?" Yu Feipeng said in surprise, "Directly issue U.S. dollar bonds?"
"Of course you can't directly issue U.S. dollar bonds, otherwise the presidents of major banks won't be able to trouble you." Zhong Yi shook his head, and then continued, "Just say it's a silver dollar bond. The bond is only linked to the silver dollar. The equivalent yellow price, U.S. dollars, pounds, and fiat currencies can all buy bonds, but there¡¯s one thing to note in advance.¡±
Yu Feipeng asked: "What should I explain in advance?"
Zhong Yi smiled and said: "Investors who purchase bonds with legal currency will only pay legal currency in the final settlement."
"Gao, Ziren's move is really clever." Xiao Tongzi clapped and laughed, "With the current depreciation rate of legal currency, people who use legal currency to buy bonds will not only be unable to make profits, but they may end up paying it to China-Myanmar Transport." General Administration money.¡±
Yu Feipeng was a little confused and asked blankly: "Old Xiao, what do you mean, why can't I understand you?"
"Isn't this simple?" Xiao Tongzi shook his head and said, "For example, I bought the bonds of your China-Myanmar Transport Company with 10,000 legal currency, and then you took it to the bank to exchange it for U.S. dollars. At the current exchange rate, you can almost exchange it for U.S. dollars. to one thousand U.S. dollars, and after a year, the exchange rate of French currency has probably dropped to one to fifty. You only need to take out two hundred U.S. dollars to exchange for 10,000 French currency, and another two hundred U.S. dollars for 10,000 French currency is my Ten thousandDividends from legal currency, that is to say, you charge me one thousand US dollars, but in the end you only give me four hundred US dollars with principal and interest. Isn¡¯t that a net profit of six hundred US dollars? "
Yu Feipeng frowned and said, "But the problem is that legal currency cannot be exchanged for US dollars now."
Since the beginning of this year, the National Government has given up its efforts to stabilize the value of legal currency and no longer uses gold, pounds and US dollars to buy back the legal currency of major banks. As a result, major banks no longer accept legal currency, so legal currency can only be used in Domestic circulation can no longer participate in international trade.
Zhong Yi said: "It doesn't matter whether you exchange it for U.S. dollars or not. The principle is the same. In short, according to the current depreciation rate, Uncle Yu will definitely make a profit by issuing bonds. If the bond redemption time can be longer, the profit will be greater." Much more."
Zhong Yi has a profound memory of the devaluation of legal tender. If he remembers correctly, when legal tender was first launched in 1937, 100 legal tender could buy two cows!
By 1939, only one pig could be purchased.
By 1941, only one bag of flour could be purchased.
By 1943, only one rooster could be purchased.
By 1945, you could only buy two eggs!
Therefore, if the China-Myanmar Transport Authority borrows money now and repays it in 45 years for the five-year bonds issued by the China-Myanmar Transport Authority, then all investors who invest in the China-Myanmar Transport Authority will basically give it money for free!
¡°That¡¯s it, I understand.¡± Yu Feipeng nodded, ¡°If this is the case, will anyone still buy bonds?¡±
"Why not buy it?" Xiao Tongzi said, "With so much legal currency in my hand, I can't change it into gold, silver, or foreign exchange. I am hoarding supplies and won't give them away. If I buy them with corporate bonds from the China-Myanmar Transport Administration at this time, Why don¡¯t they enter the market like crazy? I think the market shouldn¡¯t be too good!¡±
Yu Feipeng¡¯s eyes lit up and he said, ¡°In this case, wouldn¡¯t the scale of 20 million US dollars be too small?¡±
"You can't send more." Zhong Yi shook his head and said, "If the plate is too big, it will be difficult to operate."
Zhong Yi now has two million U.S. dollars on hand, which is enough to stir up a 20 million U.S. dollar deal, but if it is a 200 million U.S. dollar scale, his two million U.S. dollars are a bit reluctant. (Remember the website address: www.hlnovel.com - Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report
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